Rethinking global health financeFor the past half-century, the economics of global health were straightforward. Moreover, the grant-based system makes much use of vertical health programs, which advance specific, measurable, narrow, and often short-term objectives. Yet instead of addressing the weaknesses of the grant-based system, development finance institutions and donor countries want to scrap it. And risk-laden guarantors are more likely to emphasise the financial viability of projects, rather than the health system's needs. The language of leverage might appeal to those who make funding decisions, but it will do little to fix health systems on the ground.

Source: Bangkok Post February 05, 2026 23:07 UTC